Break-Even Sales and Sales to Realize Operating IncomeFor the current year ending December 31, McAdams Industries expects fixed costs of $503,700, a unit variable cost of $48, and a unit selling price of$71.a. Compute the anticipated break-even sales (units).unitsb. Compute the sales (units) required to realize operating income of $115,000.units

Break even point is that point of sale, where the company is able to recover all its cost and is…

Answered: Break-Even Sales and Sales to Realize…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Break-Even Sales and Sales to Realize a Target Profit For the current year ended October 31, Papadakis Company expects fixed costs of $12,600,000, a unit variable cost of $360, and a unit selling price of $540. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize a target profit of $810,000. units
Break-Even Sales and Sales to Realize a Target Profit For the current year ending October 31, Papadakis Company expects fixed costs of $354,200, a unit variable cost of $47, and a unit selling price of $70. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize a target profit of $80,500. units
Sales (22,200 units) Variable expenses Contribution margin Fixed expenses Net operating income Total $ 199,800 119,880 79,920 46, 620 $ 33,300 Per Unit $9.00 5.40 $ 3.60 Required: (Consider each of the four requirements independently): 1. Assume the sales volume increases by 3,330 units: a. What is the revised net operating income? b. What is the percent increase in unit sales? c. Using the most recent month's degree of operating leverage, what is the percent increase in net operating income? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 23%? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 7%?…
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $520,800, a unit variable cost of $62, and a unit selling price of $93. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $120,900. units
Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2020 Total Sales (10,000 units) Variable costs Contribution margin Fixed expenses Net income $500,000 250,000 250,000 189,900 $60,100 Per Unit $50 25.00 $25.00 Management is considering the following course of action to increase net income: Reduce the selling price by 5%, with no changes to unit variable costs or fixed costs. Management is confident that this change will increase unit sales by 20%. Using the contribution margin technique, compute the break-even point in units and dollars and margin of safety in dollars: (Round
54) For the current year ending April 30, MJW Company expects fixed costs of $70,000, a unit variable cost of $60, and a unit selling price of $95. (a) Compute the anticipated break-even sales (units). (b) Compute the sales (units) required to realize an operating profit of $8,000. (a) (b)
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $300,000, a unit variable cost of $41, and a unit selling price of s61. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $70,000. units
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $723,200, a unit variable cost of $65, and a unit selling price of $97. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $166,400. units
Break-even sales and cost-volume-profit chart For the coming year, Cleves Company anticipates a unit selling price of $98, a unit variable cost of $49, and fixed costs of $416,500. Required: 1. Compute the anticipated break-even sales (units). 416,500 units 2. Compute the sales (units) required to realize a target profit of $171,500. units 3. Construct a cost-volume-profit chart on paper, assuming maximum sales of 17,000 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even. $1,166,200 $1,038,800 $833,000 $627,200 $499,800 Determine the probable operating income (loss) if sales total 13,600 units. If required, use the minus sign to indicate a loss.
Revenue Analysis A similar manufacturer's total monthly revenue function is .. R(q) = 240g - 0.08q? %3D where R is in dollars and q are in units of output produced and sold during the month. Currently, this manufacturer is producing 80 units a month and is planning to increase monthly output by 1 unit. Use the revenue function to compute the actual additional revenue that will be generated by the production and sale of the 81st unit. (Round to the nearest 2 decimal places, if needed) ASUS f4 f7 E3 口京团 f10 f11 因

Break-Even Sales and Sales to Realize a Target Profit For the current year ending October 31, Papadakis Company expects fixed costs of $400,000, a unit variable cost of $52, and a unit selling price $77. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize a target profit of $92,500. units
v.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Lo... Break-Even Sales and Sales to Realize a Target Profit For the current year ending October 31, Papadakis Company expects fixed costs of $422,400, a unit variable cost of $46, and a unit selling price of $68. a. Compute the anticipated break-even sales (units). units. b. Compute the sales (units) required to realize a target profit of $96,800. units Check My Work Previous 6 Next Oct 26 6:18

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